A guide to greener banking: I divested my personal finances and you can too – here’s how

Beware of greenwashing. Many investment products – even those labelled ‘sustainable’ or ‘balanced’ – still include major polluters. Composite: Getty Images

What if your money was quietly fuelling the climate crisis – and you had no idea?

If you bank with one of the big four or have retirement savings in superannuation, there’s a good chance it is. In Australia, many major banks and most default super funds continue to invest in fossil fuel companies and their coal, oil and gas projects, driving global warming.